glossary
Glossary of the terms behind advisor and agent data.
The words that come up when you search for financial advisors, insurance agents and their firms, in plain language.
CRD number
The unique number the securities industry assigns to each registered professional and firm. Registered reps, investment advisor reps, Broker Dealers and RIA firms each have one, and a person keeps theirs from firm to firm. A financial advisor database
NPN (National Producer Number)
The unique number an insurance producer receives, used by the states to track that producer's licenses across the country. It stays the same when an agent moves or adds a state. An insurance agent database
Registered representative
A person licensed to sell securities, such as stocks, bonds, mutual funds and variable annuities, on behalf of a Broker Dealer. A financial advisor database
Investment advisor representative (IAR)
A person who gives investment advice on behalf of a registered investment adviser. An RIA database
Registered investment adviser (RIA)
A firm that gives investment advice for a fee and is registered at the federal or state level, depending on its size. An RIA database
Broker Dealer
A firm registered to buy and sell securities for its customers or for itself. Registered representatives work through a Broker Dealer. A Broker Dealer database
Dually registered advisor
An advisor who is both a registered representative with a Broker Dealer and an investment advisor representative with an RIA. Many also hold insurance licenses. Accupoint shows them as one record. A financial advisor database
Series exams
The qualification exams securities professionals pass, such as the Series 6, 7, 63, 65 and 66, and the Securities Industry Essentials exam. A financial advisor database
Assets under management (AUM)
The value of the assets an adviser manages for clients, as the firm reports it in its yearly registration filing. An RIA database
Lines of authority
The kinds of insurance a producer is licensed to sell in a state, such as Life, Accident and Health, Property or Casualty. An insurance agent database
Carrier appointment
An insurance company's authorization for a producer to sell its products. Each appointment has a status and dates, and a producer can hold many. Agent recruiting data
Resident and non-resident license
An agent holds a resident license in the state they live in and a non-resident license in each other state where they sell. An insurance agent database
IMO, FMO and BGA
Independent and field marketing organizations and brokerage general agencies recruit, contract and support independent agents for insurance carriers. Agent recruiting data
Wholesaler
A salesperson at an asset manager or insurance carrier who markets products to advisors and agents rather than to the public. Prospecting data for wholesalers
Related
See it on your own criteria.
A short demo on the people and firms you work with.